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commercial property
Raja & Sons Newsagent, Burnage, Manchester, Lancashire, M19 2NL
£20,000
Raja & Sons Newsagent, Burnage, Manchester, Lancashire, M19 2NL
£20,000
Our Summary
- There is plenty of scope to develop the business further with the introduction of new product lines and longer opening hours, possibly a home delivery service where appropriate and a new online and social media presence would be helpful also alcohol which the shop was previously licenced for but due to religious reasons the current owner decided against trading alcohol
Description
The property is a ground floor retail unit located on a prime road in Burnage, with a spacious open plan area and a strong reputation in the local area. The business offers a range of convenience products, lottery, paypoint, and news sheets, and has a loyal customer base. The current owner is retiring, and the business is ideally suited for a hands-on owner-operator to take it to the next level. There is potential to develop the business further through the introduction of new product lines, longer opening hours, and an online and social media presence. The business previously had an off-licence to sell alcohol, but the current owner has decided not to trade it. The sale terms include a new lease to be signed with the property owner, with a lease fee of £20,000 and a weekly turnover of £4000. The profit per week is estimated to be between £600 and £700.